Market Maker Buy Model - MM model, according to which the markup of the asset is performed. Let's repeat the basics: in order to accumulate a long position, the CC uses the pending/emerging sellside liquidity - the supply is absorbed by the demand of the CC. Being in a conditional range where there is not enough liquidity, the CC needs to algorithmically + intentionally markdown the asset to the sellside lq pool → accumulate a long position → by means of an algorithm, deliver it to one of the opposing buyside liquidity pools → realise the previously accumulated volume.
📊Multiple wave pullbacks that do not break above the top of the wave preceding the lowest trough of the wave, such as this wave pullback, are complex pullbacks of the original trend. There is no change in trend.
$BTC Trying To Breakout The Consolidation Phase After 9 Days 16 Hours🔥
Let's See What Happens, The Closing Should Be Done Above The Consolidation Phase For Further Pump (Closing At 9:30 Pm - IST ) I'll Update You Once The Closing Is Done
$BTC is forming a symmetrical triangle, an indecisive pattern that suggests consolidation. A breakout or breakdown, followed by a successful retest, will be crucial to confirm its short-term direction 👀
The simplest and easiest way to trade is trend trading. The abbreviation "bos", can be used as a sign of a structural change. "conf" can be used as a confirmation of structural movement.
Amid a strong correction, Bitcoin did not break the uptrend, but only gathered liquidity in the lower part of the chart. This hints at a potential continuation of the upside. From the current values it is dangerous to open long positions, it is more logical to expect a local correction to the liquidity zone at $95,700 and wait for the price reaction from there.
The main resistance for the price now is the FVG 1h zone in the range of $97,200 - $97,600. It is necessary to break through this zone to continue global growth. ↗️
The indicator (Inter-Exchange Flow Pulse) has turned bearish, suggesting a decline in market risk appetite and potentially marking the start of a bearish phase.
However, it's more likely this lull is due to the recent drop and the market trying to confuse retail traders. ⚡️
The price formed an ascending structure, after which the slowdown of momentum and liquidity accumulation from below started - correctional movement began. After the price dump, we came to the zone of interest (ROI) from the senior TF and it was the first opportunity to open the first trade in the direction of the global trend. Further, we can observe that there was a breakdown of the descending structure on the lower TF and based on this, we could consider another entry point (more conservative, through confirmation of the structure on the lower TF). After that, watch the price development.
📊 "Harami" - consists of two contrasting colour candles, with the body of the first candle overlapping the body of the second. It is also often said that this is a "pregnant" pattern. The first candle is the mother, the second candle is the foetus. The model is considered quite rare, so be sure to wait for its confirmation by subsequent candles. The location of a small candle within the long body of a large candle can also affect the nature of the pattern.
The "harami" will be strong after an upward or downward trend, if the body of a small candle is located closer to the middle of the body of a long candle. It is important for determining the nature of the pattern to consider the location of the small candle, together with the shadows, within the large body of the first candle. The smaller the body of the second candle and the shorter the shadows, the more significant the pattern becomes.
Usually, the harami pattern is conditionally reversal and indicates the end or slowdown of the trend, but if there is a strong confirmation, it can become a reversal signal.